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888 CEO Wants Pokerstars in California

Thursday June 19,2014 : 'LET POKERSTARS IN,' SAYS 888 CHIEF
 
Allowing Pokerstars to compete in the US market will enhance the industry and give players more choice, says Mattingley.
 
A top European online gambling executive, Brian Mattingley from 888 Holdings, has spoken out for his competition regarding entry to the legalised online gambling market in the United States, where legalisation proposals in some states contain "bad actor" clauses that are seen by many as protectionist moves by vested interests.
 
In a telephone interview with the Las Vegas Review-Journal Wednesday, Mattingley opined that his company's rival Pokerstars should be permitted to apply and be granted licensing in those US states that have legalised online gambling following its acquisition by Amaya Gaming and the ownership changes that this would represent .
 
The Las Vegas Review Journal reminds its readers that Pokerstars forfeited $731 million to federal prosecutors in 2012 to settle a civil complaint in respect of its post-UIGEA activities in the USA after 2006.
 
The Rational Group, parent of Pokerstars and Full Tilt Poker, dominates the international online poker sector with a 54 percent market share and over 85 million registered players.
 
Mattingley's support for a rival in both Europe and the United States (888 has partnered with Caesars Interactive in operations in Nevada and New Jersey) is both professional and magnanimous...but it is also based on his view that such a formidable competitor in the US market would be good for the players and good for the industry.
 
“They are a formidable competitor," Mattingley said of Pokerstars. "But they would make all of us work much harder and it would expand the market. I would much rather have a small slice of a large pie, than a big piece of a small pie.
 
"It would be like unleashing an 800-pound gorilla into the market, but having more players on a regulated site would benefit everyone,” the 888 executive said.
 
Rational Group is already positioned to move ahead in the United States if it is permitted to licence; the company has a strong Californian alliance with the Morongo tribal group and commercial cardrooms, and has a pending New Jersey partnership with the Resorts Casino Hotel land casino operator.
 
Interestingly, during the Las Vegas Review Journal interview Mattingley revealed that his company has been discussing partnerships with several tribal groups in California, although these have not so far been finalised.
 
He also spoke against "bad actor" clauses as a means of excluding legitimate competition.
 
In related news, the Fitch Ratings Service has characterised the $4.9 billion Rational-Amaya deal as a game changer in the US market for online gambling.
 
Analyst Brian Bertsch seemed to share Mattingley's positive view of the involvement in the US market of Pokerstars, commenting that it would help grow the market and encourage more states to legalise online gambling, excluding unlicensed operators and providing better protection for American gamblers.
 
“PokerStars’ database and brand recognition among poker players could lead to faster ramp-up in these newer markets and may reinvigorate markets where online poker is already legal, if these states reconsider PokerStars’ application,” Bertsch opined.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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